International News
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6
Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform
MetaWealth tokenizes European properties, offering fractional ownership and near-instant transfers of real estate tokens. Continue Reading Fund Manager APS Buys $3.4 Million in Tokenized Real Estate on MetaWealth Platform
Over 60 per cent of area condos owned by real estate investors
Source: Windsor Star --- Condominiums are the preferred choice of real estate investors in the Windsor area with 62.5 per cent of those residences being owned for revenue-generating purposes by individuals not living in them. The Statistics Canada study released...
Mortgage Calculator: Calculate Your Home Loan Repayments
Source: Forbes --- A mortgage is a necessary part of buying a home for many Australians, but it can be difficult to understand what you can actually afford. However, with home loan interest rates on the march, and the RBA indicating that rates are likely to keep...
Chinese property brokers despair as homebuyers sit on sidelines
Source: Financial Times --- Since the end of China’s zero-Covid policy late last year, property broker Wu Hong is so busy chasing new leads that she no longer has time to sit around playing cards with her colleagues. “Now I spend so much time talking to clients that I...
Cost of living: My mortgage deal is ending – what are my options?
Source: BBC News --- Almost two million households will see fixed-rate mortgage deals end this year, with most facing the prospect of higher monthly payments. What options do borrowers have? What's happening to mortgage rates? About 20% of residential...
Mortgage advice that you should think twice about following
Source: Mortgage Introducer --- Social media has given a platform for a lot of people claiming or making it appear that they are ‘experts’ on certain subjects, including mortgages. People can watch them anytime and anywhere, so the potential to reach a lot of...
Why growth of reverse mortgages is surging despite rapid rise in interest rates
Source: The Globe and Mail --- Reverse mortgages have always been a controversial financial product, but that hasn’t stopped their expansion in Canada or from becoming a growing source of interest among advisors as a potential recommendation for certain clients. A...
Monetary policy in Central and Eastern Europe ahead of the curve?
Source: Allianz --- Monetary policy in Central and Eastern Europe ahead of the curve? Households’ pandemic savings are still large in both Europe and the US. These excess savings relative to consumption are largest in the UK and Spain at around 20-25%. In the US...
A Look Ahead at Housing, Infrastructure and Sustainability in Greater Toronto Area
The second half of this year will see a gradual uptick in home sales and an increase in competition between buyers with a renewed upward pressure on home prices in the Greater Toronto Area (GTA) according to the Toronto Regional Real Estate Board . The Toronto...
Leading New England Real Estate Brokerage LandVest Christie’s International Real Estate Expands Into Boston
Source: Yahoo! --- Boston, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Leading New England real estate firm LandVest Christie’s International Real Estate is expanding its residential brokerage business into Boston with the opening of a new flagship office in the city’s iconic...
Okanagan real estate feeling the impact of higher interest rates
Source: Global News --- The Okanagan single-family home market appears to be feeling the impact of higher interest rates. The Association of Interior Realtors released data for January, showing that benchmark home prices were down in January throughout the region....
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